Question

Calculate the average daily balance and finance charge. (Round your answers to the nearest cent.) 30-day...

Calculate the average daily balance and finance charge. (Round your answers to the nearest cent.)

30-day billing cycle

9/16 Billing Date $3100
9/19 Payment $ 71 cr.
9/30 Charge: Home depot 2050
10/3 Payment 71 cr
10/7 Cash Advance 81

Finance charge 1% on average daily balance

1- average daily balance:

2- Finance charge:

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